http://techcrunch.com –
Shakil Khan, an angel investor and advisor to Spotify, just launched Coindesk, a Bitcoin resource and news site, amid a boatload of hype and VC interest in the crypto-currency.
Khan says Coindesk was a project he conceived of about four weeks ago, around when Bitcoin was surging to an all-time high. It’s now trading at around $124.38, or about half as much as it was trading at a few weeks ago.
“I was just sitting there and I literally had five e-mails that day from very seasoned entrepreneurs, asking me — what do you know about Bitcoin?” said Khan, who has invested in
(IT news)

The Bitcoin correction we wrote about yesterday was not caused by a DDOS attack on one of the largest Bitcoin exchanges, Mt.Gox, but rather by a massive spike in interest in the crypto currency, according to Mt.Gox.
During trading yesterday the value of Bitcoin plummet by 60%, dropping from a high of $265 to around $150 (at the time of writing it has climbed back up slightly, to around $180).